WASHINGTON — Longtime No. 1 Walmart retained first place on the National Retail Federation’s annual list of the top retailers, followed by Amazon. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Walmart headed the list — compiled by Kantar — with $499.65 billion in U.S. retail sales in 2022.
WASHINGTON – Grocery retailers occupy the top two spots on a ranking of the fastest-growing U.S. retailers in 2022. Grocers command three of the top five spots on the latest Hot 25 Retailers list, released this week by the National Retail Federation, which collaborates with Kantar in putting together the annual ranking. Mexico City-based Grupo
WASHINGTON, July 18, 2023 – Retail sales continued to rise in June even as employment grew more slowly, the National Retail Federation said on Tuesday. “June retail sales confirm that while the economy may be cooling, consumers remain on solid footing and are spending on household priorities,” NRF president and CEO Matthew Shay said. “Back-to-class
WASHINGTON – Consumers are expected to spend record amounts for both back-to-school and back-to-college shopping this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. Back-to-school spending is expected to reach an unparalleled $41.5 billion, up from $36.9 billion last year and the previous high of
WASHINGTON – The National Retail Federation today released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Longtime No. 1 Walmart held its top position with $499.65 billion in U.S. retail sales
GRAPEVINE, Texas — Shoplifting and other retail crime has become a topic of concern for consumers as well as retailers themselves, according to a recent survey conducted for the National Retail Federation (NRF). More than half (53%) of consumers believe retail crimes such as shoplifting and looting stores have increased in their community since the
WASHINGTON – Retail sales rose again in May as consumers continued to spend despite economic challenges, the National Retail Federation said on Thursday. “Consumers continued to spend on household priorities in May, supported by gains in the job market and wages,” NRF President and CEO Matthew Shay said. “Retailers recognize the ongoing pressure on cost-sensitive
WASHINGTON – The National Retail Federation today called on Congress to address credit card “swipe” fees by passing legislation allowing retailers to route transactions over competing networks offering lower fees and improved security. “It’s time for big banks and global card networks to compete the same as small businesses do every day,” Stephanie Martz,
WASHINGTON – Consumer spending provides reason for optimism about the economy, according to the National Retail Federation’s chief economist, who expects a soft landing from the period of high inflation that has prevailed for the past few years. “Today’s economy is a lot like looking into a kaleidoscope, with the view changing and the data
WASHINGTON – The National Retail Federation is reiterating its call for the Biden administration to get involved in stalled labor negotiations after reports of shutdowns over the weekend at two California ports. Shutdowns at the Port of Oakland and the Port of Long Beach come as the International Longshore and Warehouse Union (ILWU) and the
WASHINGTON — The National Retail Federation on Tuesday announced the recipients of its 2023 NRF PROTECT Awards, which the trade group calls the highest loss prevention and asset protection recognitions in the retail industry. Six veteran loss prevention professionals will be honored on June 6 during the annual NRF PROTECT conference in Grapevine, Texas. “The
WASHINGTON – Retail sales bounced back in April, the National Retail Federation said Tuesday, noting that sales increased both month-over-month and year-over-year. “Retail sales rebounded in April, reflecting consumer resilience in the face of elevated economic uncertainty,” NRF President and CEO Matthew Shay said. “Moderating price levels, continued labor market strength and wage gains have